The Legislature adjourned the Eighth Extraordinary Session last week. The remaining legislation on the Governor’s desk (AB X8 6 and AB X8 9) contains the transportation tax swap package. The Governor has sent a letter to legislative leaders expressing his plan to veto the measures as the special session expires this evening. Could there be a record-breaking ninth extraordinary session coming our way? Continue reading
While recent figures released by the State Controller’s Office show revenues are higher than projected, an alarming report on unemployment was released earlier this week. The numbers are startling: The unemployment rate tops more than 20% in eight California counties.
Take a look at some specific figures: Colusa, 27.4%; Imperial, 27.3%; Trinity, 25.8%. In other words, if you are walking down the street in Colusa, El Centro or Weaverville… Continue reading
Today, Senate and Assembly Democrats announced that they would pursue the governance reform proposals developed by California Forward, a list of nearly two dozen reforms that are currently included in two ballot measures slated for the November 2010 ballot. Recently, California Forward had indicated that they would not pursue signature-gathering to place those measures on the ballot independently, but would rely on the Legislature to put them before the voters… Continue reading
The Controller’s newly released revenue numbers are better than expected, especially sales taxes. But the state remains deep in debt. Continue reading
Yesterday afternoon, Governor Schwarzenegger vetoed ABX8 2, a measure that contained budget year budget changes that legislative Democrats argued addressed $2.2 billion in budget year savings. Governor Schwarzenegger agreed with legislative Republicans, indicating in his veto message that the bill “does not actually implement spending reductions.” The problem is that the bill outlines reductions to a 2010-11 state budget that does not yet exist.
The language of the… Continue reading